NHL raises salary cap to $70.2 million for next season
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06-28-2012, 05:41 PM
Join Date: May 2011
Location: Canberra, Australia
Originally Posted by
The owners AS A GROUP make more money, but the profit of individual owners depend obviously a lot of their own respective markets. There are a few rich teams out there, and many very poor ones. Only a fraction completely fill their cap every year - some are so poor they struggle to make the cap floor, and are in danger of moving because of financial problems.
Since the lockout, the habs have always clearly been in the camp of the "have", but how much is hard to tell. What if the most recent raise in revenues came from other markets but not with the habs? If it would happen, there's no reason to believe the habs could eternally spend their entire cap. I'm not saying that's what will happen this year, but with such an high cap, one has to keep that in mind.
Did you read the arguments posted by myself and Ozymandias?
They all apply to the Habs.
If the Canadian dollar ever goes back down to $0.65 you can start worrying, but right now Geoff Molson is smiling all the way to the bank.
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